Chomolon Joff vs MemeCore

MemeCore (M) is 230.4× the size of Chomolon Joff (JOFF) by market capitalisation. Over the past 30 days, M is ahead by 13.6 percentage points (JOFF -40.7% against M -27.1%). Their daily returns move barely in opposite directions (correlation -0.19 across 29 shared trading days). JOFF has been the more volatile of the two, at 1017932% annualised against M's 108%.

Correlation: -0.19
Size ratio: 1 : 230.4
Ahead over 30 days: M

Chomolon JoffJOFF

$0.009729

24h: +3.40%
Market cap: $8.48M
Volume 24h: $15,462
Volatility (ann.): 1017932%

MemeCoreM

$0.851799

24h: +2.28%
Market cap: $1.95B
Volume 24h: $610,524
Volatility (ann.): 108%

JOFF 0.4%Share of the two combined market caps99.6% M

Performance

JOFFM

7 days-24.33%-19.48%M
30 days-40.73%-27.12%M

Correlation

-0.19over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1990d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	JOFF	M
Max drawdown (400d)	-100.0%	-41.1%
Risk-adjusted return (90d)	0.00	-0.23

Relative strength over 90 days: M outperformed JOFF by 19.8% — measured on the JOFF/M ratio, so it holds regardless of market direction.

Chomolon Joff →MemeCore →